Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Fiserv, Inc. on behalf of long-term stockholders following a class action complaint filed on November 4, 2025, regarding alleged breaches of fiduciary duties by the board of directors during the Class Period from July 23, 2025, to October 29, 2025 [1][7]. Group 1: Legal Investigation - The law firm is encouraging long-term stockholders of Fiserv to contact them to discuss their legal rights and options [1][3]. - The investigation focuses on whether Fiserv's board of directors made misleading statements and omissions about the company's initiatives and projects during the Class Period [7]. Group 2: Class Action Details - The class action alleges that Fiserv's guidance changes in July 2025 were based on misleading representations, claiming that certain initiatives were fundamentally sound despite delays [7]. - Fiserv later admitted in October 2025 that the guidance disclosed in July was based on assumptions that were difficult to achieve, leading to artificially inflated security prices for investors [7].

Core Insights - BlackBird Financial has established a significant ownership position in Fiserv, Inc., a leader in financial technology and payments infrastructure [1] - The investment decision was based on a detailed review of Fiserv's competitive position and long-term prospects, highlighting a gap between market perception and the company's potential [2] Company Overview - Fiserv is integral to the global financial system, facilitating the movement of billions of dollars daily for banks, merchants, and consumers [3] - The company is recognized for its deep integration into client systems, creating a substantial operational backbone that is difficult to replace [5] Leadership Confidence - BlackBird expresses strong confidence in Fiserv's CEO, Mike Lyons, emphasizing his strategic approach to the company's turnaround [4] - The firm supports management's long-term vision and does not intend to take an activist role [5] Competitive Position - Fiserv is one of the largest providers in core processing for U.S. banks and credit unions, with high switching costs that reinforce its market position [6] - In merchant acquiring, Fiserv competes with major players and benefits from the distribution of its Clover platform, making it challenging for merchants to switch providers [8] - The company also plays a crucial role in PIN-debit routing and bank connectivity, with embedded capabilities that are difficult to unwind [9] Market Outlook - Fiserv has generated over $5 billion in adjusted net income in the past twelve months, with expectations for increased earnings in the future [11] - The current market capitalization of Fiserv is around $33 billion, suggesting a favorable valuation opportunity for investors [11]

Core Viewpoint - A class action lawsuit has been filed against Fiserv, Inc. for allegedly making misleading statements regarding its initiatives and projects during the class period from July 23, 2025, to October 29, 2025, leading to investor losses [8]. Group 1: Allegations - The lawsuit claims that Fiserv made false and misleading statements about its 2025 guidance, which was revised in July 2025 based on a review of new initiatives and products [8]. - Fiserv indicated that while some initiatives were delayed, they were fundamentally sound, which was later revealed to be misleading [8]. - The company admitted in October 2025 that the assumptions underlying its July 2025 guidance were difficult to achieve, contributing to inflated security prices and subsequent investor losses [8]. Group 2: Legal Process - Investors who purchased Fiserv securities during the class period have until January 5, 2026, to apply to be appointed as lead plaintiff in the lawsuit [8]. - The law firm Bragar Eagel & Squire, P.C. is representing the investors and encourages those affected to contact them for more information [4][5].

Core Viewpoint - A class action lawsuit has been filed against Fiserv, Inc. for allegedly making misleading statements regarding its initiatives and projects during the class period from July 23, 2025, to October 29, 2025, leading to investor losses [8]. Group 1: Allegations - The lawsuit claims that Fiserv made false and misleading statements about its 2025 guidance, which was revised in July 2025 based on a review of new initiatives and products [8]. - Fiserv indicated that while some initiatives were delayed, they were fundamentally sound, which was later revealed to be misleading [8]. - The company admitted in October 2025 that the guidance provided in July was based on assumptions that were difficult to achieve, leading to artificially inflated security prices [8]. Group 2: Legal Process - Investors who purchased Fiserv securities during the class period have until January 5, 2026, to apply to be appointed as lead plaintiff in the lawsuit [8]. - The law firm Bragar Eagel & Squire, P.C. is representing the investors and encourages those affected to contact them for more information [4][5].

Core Viewpoint - A class action lawsuit has been filed against Fiserv, Inc. on behalf of investors who purchased shares during the specified class period, alleging misleading statements regarding the company's guidance and performance [1][3]. Group 1: Lawsuit Details - The lawsuit claims that Fiserv revised its 2025 guidance in July 2025, indicating that while some initiatives were delayed, they were fundamentally sound [3]. - On October 29, 2025, Fiserv admitted that its July guidance was based on assumptions that were difficult to achieve, leading to a significant drop in share value [3]. - Following the acknowledgment of these misleading statements, Fiserv's shares fell by 44% in one day, from $126.17 on October 28, 2025, to $70.60 on October 29, 2025 [3]. Group 2: Investor Information - Investors who purchased Fiserv securities during the class period have until January 5, 2026, to seek appointment as lead plaintiff representatives [2]. - The law firm Berger Montague is handling the case and provides contact information for interested investors [4]. Group 3: Company Background - Fiserv is a global payments and financial technology company headquartered in Milwaukee, Wisconsin [2]. - Berger Montague, the law firm involved, is recognized for its expertise in complex civil litigation and has recovered over $50 billion for clients over its 55-year history [4].

Core Viewpoint - Fiserv, Inc. is facing a federal securities class action lawsuit due to alleged misleading statements regarding its initiatives and projects during the Class Period from July 23, 2025, to October 29, 2025 [3][4]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased Fiserv securities during the specified Class Period [3]. - Allegations include that Fiserv made misleading statements and omissions about its business initiatives [3]. - On October 29, 2025, Fiserv disclosed that its 2025 guidance was based on assumptions that were difficult to achieve, leading to a significant drop in share price [4]. Group 2: Financial Impact - Following the October 29 announcement, Fiserv's share price fell by $55.57, approximately 44%, from $126.17 on October 28 to $70.60 on October 29 [4]. Group 3: Investor Action - Investors who acquired Fiserv securities are encouraged to contact Kirby McInerney LLP to discuss their rights or interests regarding the lawsuit [4].

Core Viewpoint - A class action lawsuit has been filed against Fiserv, Inc. on behalf of investors who purchased shares during the specified class period, alleging misleading statements regarding the company's financial guidance and project delays [1][3]. Group 1: Lawsuit Details - The lawsuit claims that Fiserv revised its 2025 financial guidance in July 2025 after a "re-underwriting" of its initiatives, assuring investors that delays did not affect the fundamental soundness of the projects [3]. - On October 29, 2025, Fiserv admitted that its July guidance was based on assumptions that were difficult to achieve, leading to a significant drop in share price [3]. - Following the announcement, Fiserv's share price fell by $55.57, or 44%, from $126.17 on October 28, 2025, to $70.60 on October 29, 2025 [3]. Group 2: Investor Information - Investors who purchased Fiserv securities during the class period have until January 5, 2026, to seek appointment as lead plaintiff representatives [2]. - The law firm Berger Montague PC is handling the case and provides contact information for interested investors [4]. Group 3: Company Background - Fiserv, headquartered in Milwaukee, Wisconsin, is recognized as a global leader in payments and financial technology solutions [2]. - Berger Montague, the law firm involved, has a strong track record in complex civil litigation and has recovered over $50 billion for clients over its 55-year history [4].

Core Viewpoint - A class action lawsuit has been filed against Fiserv, Inc. on behalf of investors who purchased shares during the specified class period, alleging misleading statements regarding the company's guidance and performance [1][3]. Group 1: Lawsuit Details - The lawsuit claims that Fiserv revised its 2025 guidance in July 2025, indicating that while some initiatives were delayed, they were fundamentally sound [3]. - On October 29, 2025, Fiserv admitted that its July guidance was based on assumptions that were difficult to achieve, leading to a significant drop in share value [3]. - Following the announcement, Fiserv shares fell by 44%, from $126.17 on October 28, 2025, to $70.60 on October 29, 2025 [3]. Group 2: Investor Information - Investors who purchased Fiserv securities during the class period have until January 5, 2026, to seek appointment as lead plaintiff representative [2]. - The law firm Berger Montague PC is handling the class action and provides contact information for interested investors [4]. Group 3: Company Background - Fiserv is a global payments and financial technology company headquartered in Milwaukee, Wisconsin [2]. - Berger Montague, the law firm involved, has a strong track record in complex litigation and has recovered over $50 billion for clients over its 55-year history [4].

Core Viewpoint - A class action lawsuit has been filed against Fiserv, Inc. on behalf of investors who purchased shares during the specified class period, alleging that the company's financial guidance was misleading [1][3]. Group 1: Lawsuit Details - The lawsuit was initiated by Berger Montague PC for investors who bought Fiserv shares from July 23, 2025, to October 29, 2025 [1]. - Investors have until January 5, 2026, to seek appointment as lead plaintiff representative of the class [2]. - The complaint claims that Fiserv's July 2025 financial guidance was materially false, as the assumptions behind it were difficult to achieve [3]. Group 2: Financial Impact - Following the disclosure of the misleading guidance on October 29, 2025, Fiserv's stock price fell by $55.57 per share, representing a 44% decline [3].

Core Insights - Fiserv, Inc. and Mastercard are extending their partnership to enhance agentic commerce for merchants [1] - Fiserv will be among the first major payment processors to utilize Mastercard's Agent Pay Acceptance Framework at scale [1] - This collaboration aims to improve secure, intelligent, and interoperable agentic commerce, enabling merchants to adopt AI-driven payment solutions confidently [1] Group 1 - The partnership focuses on advancing merchant acceptance through the Agent Pay framework [1] - The initiative is positioned to raise standards in the payment processing industry [1] - The collaboration emphasizes the importance of security and interoperability in modern payment systems [1]